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ALTY vs FTMA

Global X Alternative Income ETF vs Franklin Massachusetts Municipal Inc ETF

ALTY

Global X Alternative Income ETF

Global X Funds

Annual cost

0.50%

Fund size

$45M

FTMA

Franklin Massachusetts Municipal Inc ETF

Franklin Templeton Investments

Annual cost

0.35%

Fund size

$273M

Key differences

  • FTMA costs 0.15% less per year.
  • FTMA is significantly larger than ALTY — larger funds tend to be more liquid and less likely to close.
  • ALTY is classified as alternative, while FTMA is fixed income — different risk/return profiles.
  • ALTY follows a option income strategy; FTMA uses index tracking.

Side-by-side comparison

ALTYFTMA
Annual cost (TER)0.50%0.35%
Fund size (AUM)$45M$273M
Since20152018
Dividend yield7.29%3.15%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+17.6%N/A
CAGR 3Y+11.8%N/A
CAGR 5Y+6.2%N/A
Sharpe 3Y0.91N/A
Volatility 1Y5.81%
Max drawdown-51.47%-2.27%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to ALTY and FTMA